The property provides investors with stable, predictable income through January 31, 2027, while offering outstanding underlying real estate fundamentals. Positioned in the heart of one of Simi Valley’s most active commercial corridors, the asset features ample shared parking with a total of 379 parking spaces (3.64 spaces per 1,000 SF), exceptional visibility, and multiple future pathways, including a value-add reposition opportunity or unique owner-user opportunity upon lease expiration.

Strategically located at the NW signalized intersection of Cochran Street and Sycamore Drive, the property benefits from excellent visibility and combined daily traffic counts exceeding 52,000 vehicles per day. Cochran Street serves as one of Simi Valley’s primary east-west thoroughfares, lined with a dense concentration of national credit retailers, including Target, Sprouts, Trader Joe’s, Walgreens, Grocery Outlet, Planet Fitness, and Ross.
 

The property is strategically positioned along Ventura Boulevard in Tarzana’s pedestrian-oriented core, a high-traffic corridor that combines strong vehicular and foot activity. Walgreens anchors this key node, benefiting from direct connectivity to the 101 Freeway and Providence Cedars-Sinai Tarzana Medical Center, which recently underwent a $624 million renovation completed in 2023.